The Complete Guide to a Two-Year MBA: Everything You Need to Know

Are you considering to advance your career? An MBA is one of the most sought-after degree programmes or those looking to enhance their business acumen and career prospects. Among various MBA programmes, a two year MBA course is most preferred by students, and it is also demanded by recruiters. In this blog, we’ll explore the benefits, career path, and most asked questions about MBA two-year programmes.

What is a Two Year MBA?

An MBA two-year is a full-time programme designed to offer students an in-depth understanding of business management, leadership, and strategy. Typically consists of  four semesters, this programme is a mix of core courses, electives, internships, and projects, allowing students to gain both theoretical knowledge and practical experience.

Benefits

 

Considering a popular career choice, an MBA two-year degree has several advantages. Let’s know in brief about them:

  1. Comprehensive Learning: The duration allows for a deeper understanding of various business principles.
  2. Networking Opportunities: With two years on campus, students have ample time to build strong networks with peers, faculty, and industry professionals.
  3. Internship Experience: A mandatory internship offers practical exposure, making students job-ready.
  4. Career Advancement: The curriculum and experiential learning equip graduates with the skills needed for leadership roles.

Programme Structure 

 

A two year MBA course includes following components:

  1. Specialisation: As per your interests and skills, you can choose from a wide range of specialisations like finance, marketing, operations, human resources and more.
  2. Core Courses: These are mandatory subjects that cover fundamental areas such as finance, marketing, operations, human resources, and strategy.
  3. Internships: A summer internship with project on the same helps students understand the corporate world better.
  4. Capstone Project: Many programmes include a final project where students apply their learning to real-world business challenges and present in front of their mentors.

Admission Eligibility

 

For those who look forward to attending a two year MBA programme, take a look of the admission criteria:

  1. Undergraduate Degree: A bachelor’s degree from an accredited institution.
  2. Entrance Exam: Tests like CAT, XAT, GMAT, and more are conducted by some institutions, and the scores are needed to be admitted in top universities/institutes.
  3. Work Experience: Some universities or institutes prefer applicants with a few years of work experience.

Two Year MBA Vs One Year MBA

While we have mentioned a lot about an MBA two year course, you must be thinking about how it is different from a one-year MBA. Let’s have a look at:

Feature

Two Year MBA

One Year MBA

Duration

24 Months

12 Months

Curriculum Focus

In-depth coverage of core concepts and specialised areas

Focused on core business concepts

Target Audience

Fresh graduates and professionals

Professionals with significant work experience

Networking Opportunities

More opportunities to build relationships

Fewer opportunities

Internship Opportunity

Mandatory summer internship

Limited or non-existent

Cost

Higher tuition costs

Generally, less expensive

Programme Flexibility

More flexible with options for electives and specialisation

Less flexible due to compact schedule

What is a Two Year Online MBA Programme?

Working professionals seeking to advance their careers without leaving their jobs, online two-year MBAs is a flexible and convenient alternative. These programmes provide a rigorous education, combining online coursework with occasional on-campus residencies or immersive experiences.

Top Universities/Institutes for Two Year MBA

Check out some of the best business schools offering traditional MBA in India:

University/Institute Name

Location

MBA Fees (INR)

Indian Institute of Management (IIM) Ahmedabad

Ahmedabad

23,00,000

Indian Institute of Management (IIM) Bangalore

Bangalore

23,00,000

Indian Institute of Management (IIM) Calcutta

Kolkata

23,00,000

Indian School of Business (ISB)

Hyderabad

37,00,000

XLRI – Xavier School of Management

Jamshedpur

23,00,000

Faculty of Management Studies (FMS)

Delhi

2,00,000

SP Jain Institute of Management and Research (SPJIMR)

Mumbai

20,00,000

Management Development Institute (MDI)

Gurgaon

21,00,000

Check out some of the best business schools offering online MBA in India:

 

B-School Name

Course 

Course Fees (INR)

Amity University 

Amity Online MBA

1,95,000

Manipal Academy of Higher Education (MAHE)

MAHE Online MBA

2,80,000

Symbiosis School For Online & Digital Learning 

Symbiosis Online MBA

3,00,000

Dr DY Patil Vidyapeeth

DY Patil Online MBA

1,69,200

Jain University 

Jain Online MBA

1,20,000

Lovely Professional University

LPU Online MBA

1,62,800

Chandigarh University 

Chandigarh University Online MBA

2,00,000

GLA University 

GLA Online MBA 

98,000

Manipal University Jaipur 

Manipal Jaipur  Online MBA

1,75,000

Sharda University 

Sharda Online MBA 

1,00,000

Shoolini University 

Shoolini Online MBA 

1,50,000

University of Uttaranchal 

Uttaranchal Online MBA 

80,000

 

Please Note: The fee may subject to change with time. For further information, connect with hike education’s expert career counsellors.

Best Specialisations Offered in an MBA Course

A two year MBA programme often offers a wide variety of specialisations, allowing students to tailor their education to their career aspirations. Some popular specialisations include:

  1. Finance: It focuses on financial management, investment analysis, and corporate finance.
  2. Marketing: Covers areas such as brand management, digital marketing, and consumer behaviour.
  3. Operations Management: Involves optimising production processes and supply chain management.
  4. Human Resources: Concentrates on employee management, organisational behaviour, and labour laws.
  5. Entrepreneurship: Prepares students to start and manage their own businesses.

Career Scope After Two Year MBA

Career Path

Key Responsibilities

Average Salary (INR)

Management Consultant

Advising organisations on business strategy

12 – 20 LPA

Investment Banker

Managing financial assets and capital raising

15 – 20 LPA

Digital Marketer

Managing online marketing strategies and campaigns

6 – 8 LPA

Marketing Manager

Overseeing marketing campaigns and brand strategy

10 – 18 LPA

Operations Manager

Streamlining production and supply chain processes

10 – 15 LPA

Human Resource Manager

Managing employee relations and organisational development

8 – 14 LPA

Data Analyst

Analysing data to support business decisions

8 – 16 LPA

 

Please Note: The salary may subject to change as per time, location and experience.

How to Choose the Right MBA Programme?

Selecting the right MBA programme is a crucial and the first step towards proceeding with this course. Here are the points to consider:

  1. Accreditation: Ensure the programme offered by business school is accredited by recognized bodies such as AACSB, or AMBA.
  2. Curriculum: Take a look at the curriculum that aligns with your career interests and goals.
  3. Placement Records: Research the programme and specialisation you are considering placement statistics to understand the career opportunities it offers.
  4. Alumni Network: A strong alumni network can provide valuable connections and mentorship opportunities.
  5. Location: Consider the geographical location of the campus, especially if you’re looking at on-campus programs, as it can influence internships and job placements.

Conclusion

A two year MBA is a valuable investment for those looking to deepen their business knowledge, expand their professional network, and advance their careers. Whether you choose an on-campus programme or opt for the flexibility of an online MBA, this degree can open doors to countless opportunities. If you’re still unsure about which path to take, consider reaching out to academic advisors of Hike Education to gather more information.

Two-Year MBA: FAQs

Q1. Can I do MBA in two years?

Indeed, if the course allows it, you can complete the degree course in 2 years.

Q2. Which MBA is better, 1 year or 2 year?

Although it depends on various factors like if you are a working professional looking for a compact course then 1 year MBA will be the perfect choice and if you are a fresh graduate looking for a course to study business management in depth, the opt for 2 year MBA course.

Q3. What is the MBA Salary?

The average pay scale of an MBA graduate ranges between INR 7 – 15 LPA. This can increase or decrease depending upon the experience, time and location.

Q4. Which MBA duration is the best?

Both 1 year and 2 year MBA is best for advancing the career. Although it totally depends on person’s time commitment towards studies and their knowledge enhancement.

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